£310,699
This estimated value is based upon the latest sale price for the house of £290,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£290,000 | 17 Dec 2021 |
£162,500 | 11 Sep 2009 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,086 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in December 2021 the House Price Index for LEICESTERSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £290,000 results in an estimated price of approximately £310,699.
17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £290,000 | £20,699 | £310,699 |
The Postcode Pricing Model uses changes in average sales price within the LE16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 23.437 % | £67,967 | £357,967 |
3 Month Average | -7.753 % | £-22,482 | £267,517 |
6 Month Average | 14.936 % | £43,315 | £333,315 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £365,410 | £360,000 | 25 RUPERT ROAD |
1 Jun 2023 | £425,150 | £420,000 | 44 RUPERT ROAD |
27 Apr 2023 | £477,643 | £472,500 | 11 CROMWELL CRESCENT |
13 Sep 2022 | £327,356 | £330,000 | 35 RUPERT ROAD |
17 Dec 2021 | £310,699 | £290,000 | 5 LANGDALE WALK |
This house has a floor area of 100 sq meters or 1,086 sq feet when measured on 4 Aug 2009. Using an estimated price of £310,699 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on LANGDALE WALK is 88 sq meters (957 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,086 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Road |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Fairfax Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfax Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lenthall Square |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Tungstone Way |